Pricing Actuary

Open 36d reposted 2× · 2 open copies

Job Summary

  • Manage quotations for business, and ensure solutions are relevant and commercially attractive to clients while ensuring adherence to local guidelines and satisfying SCOR’s profitability requirements
  • Evaluate pricing KPIs for Japan life & Health protection reinsurance opportunities using pricing tools (Prophet, Excel etc.).
  • Support Financial Solution team to provide biometric risk best estimate assumptions as required.
  • Monitor the actual results of new business booked in Japan, provide experience analysis and report it to related department as required.
  • Produce analysis which supports pricing activity, enhances knowledge and aids product development
  • Establish an effective network amongst Japanese life insurance product, pricing and finance actuaries while creating a strong awareness of SGL’s expertise in traditional life insurance, financial solutions and capital management techniques.
  • Negotiate with local clients in Japan to finalize pricing quotes and support marketing team to develop treaty documents.
  • Communicate with related teams in SCOR Life & Health regional offices (Singapore, Hong Kong etc.).
  • Work with local pricing, underwriting, business development teams.
  • Support Business Development team to have a presentation or a seminar for clients regarding the latest actuarial topics.

Required experience & competencies

  • More than 5 years of relevant actuarial experience in life/non-life insurance, life reinsurance or life consulting work in Japan, preferably with emphasis on business development, product development and/or financial management.

  • Specific knowledge of actuarial topics.

  • Commitmment to deliver the outputs on time.

  • Ideally, Experience of using some actuarial software (Prophet, Axis etc.).

  • Ability to work collaboratively and communicate well with colleagues and management in Japan office and SCOR international network.

  • Ability to manage several tasks simultaneously.

Required Education

  • Qualified member of any Institute of Actuaries

  • Undergraduate degree or equivalent in financial discipline